Market report
Posted On: July 29, 2022
29 July 2022 India premarket research report
Forecast
On 29 Jul 2022, we forecast the Nifty to be range bound between 16,780 on lower end and 17,290 on higher end and likely to close around 17,040.
Outlook for next 5 days: Nifty is likely to be volatile in the range of 15,900 and 17,700. We will revise this outlook everyday.
Yesterday’s forecast vs actual
In line with our forecast, 28 Jul saw Nifty at a low of 16,746.25 and high of 16,947.65.
Nifty closed at 16,929.60 gaining 1.73% over previous close.
Further details
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